Dublin Industrial Market Dynamics, Q2 2026

Dublin's industrial and logistics market recorded 658,469 sq ft of take-up across 26 transactions in Q2 2026, an increase of approximately 26% on Q1 2026 and around 5% higher than Q2 2025. This left H1 2026 take-up at 1,182,552 sq ft, roughly 4% below the same period last year but approximately 9% above the ten yearQ2 average.

Prime rents held firm through the quarter. Larger prime units transacted in the region of €13.00 to €14.00 per sq ft, while secondary stock remained in the region of €12.50 per sq ft.

Supply remains tightly constrained, with the vacancy rate estimated at 3.5% to 4%. A further circa 1.06 million sq ft was reserved (under offer or in legal review) at quarter end, pointing to continued conversion of demand into completed transactions over H2 2026.